Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst such as a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst downgrade.

Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

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Array Biopharma ( ARRY) is a biopharmaceutical company focused on the discovery, development and commercialization of small molecule drugs to treat patients afflicted with cancer and inflammatory diseases. This stock is trading up 3.7% to $4.14 in recent trading.

Today's Range: $4.03-$4.42

52-Week Range: $1.58-$4.10

Volume: 1.4 million

Three-Month Average Volume: 878,065

From a technical perspective, ARRY is moving notably higher here with above average volume, and it's started to enter breakout territory with the stock moving above some past overhead resistance at $4.10 to $4.25. This move for ARRY has pushed it into new 52-week-high territory , which is bullish technical price action. At last check, ARRY has hit an intraday high of $4.43 and volume is well above its three-month average action.

Traders should continue to look for long-biased trades as long as ARRY is trending above $4.10 to $4.43 with strong upside volume flows. I would consider any upside volume day that registers near or above 878,065 shares as bullish. If ARRY can hold this breakout, then the stock could easily be on its way to well north of $5.

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Joe's Jeans ( JOEZ) is engaged in designing, developing and marketing its Joe's products, which include denim jeans, related casual wear and accessories. This stock is trading up 5.5% at $1.15 in recent trading.

Today's Range: $1.10-$1.17

52-Week Range: $0.50-$1.56

Volume: 347,000

Three-Month Average Volume: 335,459

From a technical perspective, JOEZ is starting to move notably higher here with above average volume. This move is quickly pushing JOEZ within range of trigging a near-term breakout trade. That trade will hit once JOEZ takes out some near-term overhead resistance at $1.30 to $1.40, and then some more past resistance at $1.56 with high volume.

Traders should now look for long-biased trades once JOEZ sustains a move or close above those breakout levels with volume that's near or above 335,459 shares. One could get long JOEZ off weakness and anticipate that breakout, and simply use a stop right below its 50-day moving average of $1.05. If that breakout triggers soon, then JOEZ will have an excellent chance of tagging $1.75 to $2 in the near future.

Astrotech

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Astrotech ( ASTC) is a commercial aerospace company that provides spacecraft payload processing and related services, designs and manufactures space hardware, and commercializes space technologies for use on Earth. This stock is trading up 11.7% at $1.25 in recent trading.

Today's Range: $1.10-$1.26

52-Week Range: $0.50-$1.34

Volume: 101,000

Three-Month Average Volume: 72,148

From a technical perspective, ASTC is ripping to the upside here right off its 50-day moving average of $1.12 with above average volume. This move has also pushed ASTC into breakout territory, since the stock has taken out some near-term overhead resistance at $1.15. Traders should now look to play the next major breakout trade for ASTC. That trade will trigger once ASTC takes out some past overhead resistance at $1.34 with high volume.

Traders should look for long-biased trades as long as ASTC is trending above $1.15, and then once it takes out $1.34 with volume that's near or above 72,148 shares. If we get that action soon, then ASTC will have a great chance of re-testing and possibly taking out its next major overhead resistance levels at $1.56 and then $1.78 to $1.93.

Transcept Pharmaceuticals

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Transcept Pharmaceuticals ( TSPT) is a specialty pharmaceutical company focused on the development and commercialization of products that address therapeutic needs in the field of neuroscience. This stock is trading up 6.3% to $6.63 in recent trading.

From a technical perspective, TSPT looks like it has formed a major bottom on the chart at around $5.81 to $6.00 during in the last month. This stock is now ripping to the upside here with decent volume, and its quickly moving within range of a major breakout trade. That trade will trigger once TSPT takes out its 50-day moving average of $6.71, and then some more overhead resistance at $6.73 with high volume.

Traders should now look for long-biased trades once TSPT sustains a move or close above those levels with volume that's near or above 267,603 shares. If that breakout triggers today or soon, then TSPT will setup to re-test and possibly take out its next major overheard resistance levels at $7.45 to its 200-day moving average at $8.02. Keep in mind that TSPT needs to maintain a high-volume trend over its 50-day to give it a chance to tag those targets soon.

Shares of OCZ are soaring higher today after Fudzilla.com, a hardware industry blog, reported that Seagate (STX) is considering acquiring OCZ to boost its SSD product portfolio. The Web site said a deal could be announced as early as next week.

From a technical perspective, OCZ has recently marked a double bottom chart pattern at around $4.14 to $4.21. This move today has now gapped OCZ back above its 50-day moving average of $5.14 with monster volume.

Traders should now look to play the next major breakout trade for OCZ. That trade will hit once the stock takes its 200-day moving average of $6.76 with high volume. Traders should look for long-biased trades in OCZ as long as it holds its trend above the 50-day at $5.14, and then once it sustains a move or close over $6.76 with volume that's near or above 2.4 million shares. If we get that breakout soon, then OCZ should trend higher back towards its next significant overhead resistance levels at $7.40 to $8.

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Stillwater Mining ( SWC) is engaged in the development, extraction, processing, smelting, refining and marketing of palladium, platinum and associated metals from a geological formation in south-central Montana, the J-M Reef, and from the recycling of spent catalytic converters. This stock is trading up 6.1% at $8.47 in recent trading.

Today's Range: $8.02-$8.56

52-Week Range: $7.31-$17.10

Volume: 1 million

Three-Month Average Volume: 1.9 million

From a technical perspective, SWC is moving sharply to the upside here on light volume. From the looks of the chart, SWC is starting to form a major bottoming pattern at around $7.77 to $7.96.

Traders should now look for long-biased trades once SWC manages to clear its 50-day moving average of $8.68 with high volume. Look for a sustained move or close above $8.68 with volume that's near or above 1.9 million shares. If we get that action and you go long, then I would add to any positions once SWC takes out some near-term overheard resistance at $9.71 with heavy volume. Target a possible spike back toward its 200-day moving average of $10.93, or even possibly $12. Keep in mind that those targets will only have a chance of being hit if SWC can maintain a strong volume trend above its 50-day.

Feihe International

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Feihe International ( ADY) is a producer and distributor of milk powder, soybean milk powder, and related dairy products in the People's Republic of China. This stock is trading up 9.4% at $6.81 in recent trading.

Today's Range: $6.25-$6.93

52-Week Range: $2.22-$9.32

Volume: 239,000

Three-Month Average Volume: 358,803

From a technical perspective, ADY is bouncing hard here right off some near-term support at $5.95 with decent volume. This bounce has already pushed ADY into breakout territory, since the stock has pushed above some near-term overhead resistance at $6.43. Another even bigger breakout trade is now setting up for ADY. That trade will trigger once ADY takes out some near-term overhead resistance at $7.09 with high volume.

Traders should now look for long-biased trades once ADY sustains a move or close over $6.43 to $7.09 with volume that's near or above 358,803 shares. At last check, ADY has hit an intraday high of $6.93 and volume is about 100,000 shares below its three-month average volume. If ADY triggers that breakout soon, then this stock could see a huge move back towards its May high of $9.30, or possibly even its 2011 high of $12.50. Keep in mind that ADY will only have a chance to challenge those targets if it maintains a high-volume trend above $7.09.

Arca Biopharma

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Arca Biopharma ( ABIO) is a biopharmaceutical company whose principal focus is developing genetically-targeted therapies for heart failure and other cardiovascular diseases. This stock is trading up 7.4 % to $0.58 in recent trading.

Today's Range: $0.54-$0.58

52-Week Range: $0.37-$2.45

Volume: 58,000

Three-Month Average Volume: 80,881

From a technical perspective, ABIO is ripping to the upside here with decent volume, and the stock is quickly moving within range of triggering a major breakout trade. That trade will trigger once ABIO takes out some near-term overhead resistance at 61 cents with high volume.

Traders should now look for long-biased trades once ABIO sustains a move or close over 61 cents with volume that's near or above 80,881 shares. If we get that action soon, then ABIO could potentially skyrocket back towards its next major overhead resistance level at 83 cents, or possibly even its 200-day moving average of 90 cents. Traders should use the 50-day moving average of 49 cents to key off of for major near-term support for ABIO.

At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.